Chapter 33. METHODOLOGY3.1 3.1 IntroductionNowadays, some construction companies in Iran are starting to become aware of RMP, but they are not yet using models and risk management techniques. As the construction industry seeks to be more cost and time efficient, as well as have more control over other project objectives, risk management should be associated with every project. The risk management process for steel frame buildings in Iranian construction projects was analyzed in this research because it is more popular and has many advantages. Risk management would be studied in five stages, including earthworks, reinforcement, formwork, concrete works and steel structure to develop the realization of risk management through the appropriate method.3.2 3.2 Research methodThe identification of risk often it produces nothing more than a long list of risks, which can be difficult to manage. The list can be prioritized to determine which risks should be addressed first, but this provides no information about the risk structure of the project (Hillson, 2002). The best way to handle large amounts of data is to structure the information to make it easier to understand. It can be based on the risk breakdown structure (RBS) which groups identified risk events into different levels following a bottom-up approach. A risk RBS can be defined as “a source-oriented grouping of risks that organizes and defines the total risk exposure of the project” (Hillson, 2003). The method adopts a complete hierarchical structure, in which each level shows increasingly more details about the source of the risk. Many project teams mistakenly believe that risk management is just a high-level assessment of project risks. Instead, risk management… at the heart of the paper… with exposure to high risk (high risk), which will be in the dark gray area with the largest numbers in the probability and impact matrix, should definitely move into the plan's risk response process. Additionally, moderate risks, which will be placed in the. light gray area with intermediate numbers, require management control and attention and may decide to move to the plan's risk response process Finally, low risk will be displayed in medium gray color with the smaller numbers representing the risks that can be accepted without further investigation or response and simply documented. This research will be considered risk responses only for risks with high exposure (high risk) on project objectives (time, cost, quality, health and safety). The next chapter will present the data collection and analysis and explain how the chosen methodology was adopted for this research.